NZ Dollar Slides Against Most Majors
March 01 2015 - 10:34PM
RTTF2
The New Zealand dollar weakened against most major currencies in
the Asian session on Monday.
The NZ dollar fell to 0.7521 against the U.S. dollar and 90.15
against the yen, from Friday's closing quotes of 0.7559 and 90.42,
respectively.
Against the euro, the kiwi fell to 1.4849 from an early record
high of 1.4776. At Friday's close, the kiwi was trading at 1.4819
against the euro.
If the kiwi extends its downtrend, it is likely to find support
around 0.73 against the greenback, 87.00 against the yen and 1.50
against the euro.
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